In Canada, health care is guided by the provisions of the Canada Health Act of 1984. One of those provisions stipulates that basic health care is to be provided to citizens of Canada at the cost of the taxpayer. In short, unlike the United States, Canada has a universal health care system in which people do not have to pay out of pocket for health care services.

Importantly, about 72 percent of small business owners in Canada are concerned about the cost per employee of health care plans. Health care plans are just one of the benefits for employees found in employee benefit programs. Even though Canadian citizens are provided health care by the government, many companies still add supplemental coverage as a part of an Continue ReadingNo Comments